BY TYLER DURDEN
WEDNESDAY, APR 29, 2026 – 05:01 AM
Summary
- Trump prepares for ‘extended blockade’ – WSJ reports he has informed aides of risky planning.
- Trump TS claim: Tehran has informed Washington they are in a "state of collapse" and that the Iranians want the US to "open the Hormuz Strait" – as ‘tank tops’ loom.
- Trump doesn’t appear open to Iran’s proposal which hinges on US naval blockade ending & nuclear issue being pushed to future negotiations (CNN). Tehran working on revised plan to be sent in ‘few days’.
- First crude-laden Japanese tanker from Saudi port exits Hormuz Strait successfully without Iranian interference.
- Iranian analyst describes that Tehran believes it can outlast Trump & the standoff with US in Hormuz, citing "munitions, markets, and the midterms."